Browsing: sugar

Agriculture The Xinavane sugar refinery. Photo: Tongaat Hulett
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The Xinavane sugar mill in southern Mozambique is under threat of closure following a decision by its majority owner, South Africa’s Tongaat Hulett, to walk away from its other Mozambican mill at Mafambisse in the centre of the country.

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Agriculture The Xinavane sugar refinery. Photo: Tongaat Hulett
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South African sugar producer Tongaat Hulett, which operates two sugar plantations in Mozambique, is entering talks with its creditors after warning investors it made a $90 million loss over the last year - a drastic turnaround from the $44 million profit the company made the year [...]

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Business
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The free trade agreement between the European Union (EU) and the countries of the Southern African Development Community (SADC), finally implemented in Mozambique on Monday, will help develop domestic industry in Mozambique, the EU says.

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Agriculture Sugar cane at Tongaat Hulett's Mafambisse estate
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Mozambique’s deputy minister of trade and industry has encouraged South African sugar producers to think about how to reposition themselves for trade Britain after it leaves the European Union - as the British minister for international trade prepares to [...]

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